NVIDIA (NVDA)’s Stock “Can’t Get Out of its Way,” Says Jim Cramer

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) remains a focal point for Jim Cramer, who defends the stock despite a recent 10% decline since early November, citing its low valuation relative to its intellectual property [2]. Group 1: Analyst Sentiment - Analysts from RBC Capital and Wolfe Research have maintained Outperform ratings on NVIDIA, driven by confidence in the company's strong ecosystem, AI demand, and order backlog [2]. - Cramer emphasizes the need for market watchers to have more faith in CEO Jensen Huang, especially following Huang's discussion on AI's potential impact on human lifespan with Eli Lilly's CEO [2]. Group 2: Market Dynamics - Cramer notes that while NVIDIA has significant potential, some AI stocks may offer better returns with lower risk, suggesting a competitive landscape in the AI sector [3]. - The discussion around AI and compute resources highlights NVIDIA's role in accelerated computing, although the stock has faced challenges in gaining momentum [3].